Thursday, April 25, 2013

Prepaid Income and Expenses

We are a community league, we do registrations for Outdoor soccer in March and recieve money. We also send a cheque for registrations in March as well. Our year end is April 30.

How do I record these two transactions properly so they can be put in for the next fiscal year, and so the proper income/ expenses for the soccer program?

Bookkeeping London Ontario

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